What altcoins have dropped at least 10x in this bear market and will easily 10x - page 4.

justdimin

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Quote from: asriloni on October 18, 2023, 09:26:33 AM

It's really hard to predict. I meant just because the coin has dropped 10x and it doesn't mean this coin will regain 10x during the bearish market. The thing may be different than it. Let's said that if bitcoin would be doubled or tripled after halving. I think that the possible target for solana to reach around 3 - 4 times from its bottom price. It's caused by there have been also many factors were affecting the hype from the coin. Solana was not as big as before caused by we have too many L1 blockchain exist in the market.

Yeah, we are not time travelers here and we shouldn't also buy any cheap coins just because the main rule of investing is to buy low. I guess the only thing that we can do is to rely on statistics of the coin or its past performance. A good coin will definitely have a good record as well but a meme coin and the likes won't likely have a record like that. This is why they are not recommended for long-term holding.

In the case of Solana, I don't think it was the L1 Blockchains alone are the reason for its downfall. Maybe you are forgetting the fact that it was involved before in the FTX scandal? Or even up to now. So, I don't think it will join the rally once the halving occurs.

dbshck

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Quote from: TheToadStoole on October 16, 2023, 04:04:39 PM

As title says, for example Solana dropped 10x, will it easily 10x again during next bull cycle in late 2025?
Last time round I bet on BCH to 10x having dropped 10x.... IT DID SWEET FA.

What say you? Wink

As you mentioned, it's Solana. It's massively undervalued right now due to the effect of the FTX/Alameda fiasco. But seriously, the blockchain's in a way better place than when it was priced at $250. While DeFi and NFT activities might not be at their previous heights, the leading projects on Solana have not only remained but also thrived, well-positioned for the upcoming 2024 inflows.

Also, it's funny how much shade Solana gets on this forum and Twitter. All that noise just makes me more bullish on it. People just need to try it to see how much better the experience is compared to Ethereum and its L2. It's very cheap, fast, and simple.

Husires

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Quote from: livingfree on October 18, 2023, 01:54:39 PM

Easily?

Usually, with all of these altcoins that have pumped 10x or more than that, it's hard to say that they can be back again at their former shapes and prices.

The small capacity of the market and the supply of the currency are the factors that lead the currency to rise sharply, but the problem always remains in the distribution. If the development team controlled 90%, it is impossible to return to 10x because, simply put, whenever the price rises, there is a party with great liquidity that will sell and will not think about Long-term profit as long as they have a realized profit potential, this is what makes many currencies PUMP and DUMP, monitoring the movements of large whales in the flag to see if they are moving as a single entity means avoiding investment or distributing the currency to a large number of users which may some of them are greedy and do not sell. This is what determines the amount of the increase, but in any case, the good project is the only one that survives 90% drops, and these good projects are in number and all of them did not decrease by 90%.

Traderbtcc

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Quote from: TheToadStoole on October 16, 2023, 04:04:39 PM

As title says, for example Solana dropped 10x, will it easily 10x again during next bull cycle in late 2025?
Last time round I bet on BCH to 10x having dropped 10x.... IT DID SWEET FA.

What say you? Wink

Oh, absolutely! Solana is a total gem. It's a top-notch blockchain that people use for their daily transactions. It's got a huge user base and a real sense of community. Remember when it bounced back from the SAM & FTX saga? People thought it was all over, but those who bought & held on tight made some serious gains. I wouldn't be surprised if Solana skyrocketed 10 times over during a bull market. It's got that kind of potential, my friend! 🚀

Silberman

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Quote from: TheToadStoole on October 16, 2023, 04:04:39 PM

As title says, for example Solana dropped 10x, will it easily 10x again during next bull cycle in late 2025?
Last time round I bet on BCH to 10x having dropped 10x.... IT DID SWEET FA.

What say you? Wink

There is no such thing as easy money, even those that believe this is the case as they invested in a meme coin and they happened to earn a lot of money, they do not really realize the massive amount of risk they took and how easily things could have turned differently for them, that being said Solana is a popular coin which most likely will go up during the next bull run, however I am not so sure that it will recover to the point of reaching a new ATH and I think it could underperform when compared to bitcoin.

kentrolla

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I believe most of the altcoin which boomed during the previous bull run has already touched their ATH and it's difficult for these coin to achieve new ATH similarly to the coins like XRP, LTC, XRP, etc which touched it's peak during 2017/2018 bull run and couldn't break it during 2021. There would be new set of coins which has untapped market potential they will be the coins to look for, as to answer your question I feel coins like ICP, SOL, MATIC, ADA & Uniswap may achieve 10x in upcoming bull run (Not predicting).

livingfree

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Quote from: TheToadStoole on October 16, 2023, 04:04:39 PM

As title says, for example Solana dropped 10x, will it easily 10x again during next bull cycle in late 2025?
Last time round I bet on BCH to 10x having dropped 10x.... IT DID SWEET FA.

What say you? Wink

Easily?

Usually, with all of these altcoins that have pumped 10x or more than that, it's hard to say that they can be back again at their former shapes and prices.

If you'll go back in the history to look for these altcoins, many of them will be eliminated in your list because they have never recovered anymore.

We'll see if any of the two you have mentioned will do it but I think that it won't be easy for both of them.

el kaka22

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I do not think that it will go up like that, first of all dropping 10x means dropping 90% I assume, if something is 100 dollars and drops 90% that would be 10x to recover, that is probably what OP is talking about right? Even in that case, I would say not a lot of things can drop 90% or more and then go back to what it was.

Yet, if you check the top ranked ones, they will improve a lot eventually and should be good enough, I get that it may not be all that much right now, but that doesn't mean that we are not going to end up with anything that would be different on the long run. I think it is going to be a big deal eventually but we need to give it some time before we could make it go differently, it should be very important.

OgNasty

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While chasing shitcoins for easy gains can be lucrative, it can also be financially destructive. Bitcoin is such a game changing technology and being here this early in the game makes it an incredible investment opportunity. I’ll never understand why people when faced with this opportunity instead of investing look for this biggest pile of shit to try and pump to quick riches…

danherbias07

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Do remember not every altcoin that went down 10x will climb up by 10x too in the future. Bull market date? Are you sure it's 2025? For what reason? Bitcoin halving? There's no assurance to that and altcoins could stay at their price and not be pulled by Bitcoin anymore. When Bitcoin Spot ETF is approved that will open up opportunity for live trade but it doesn't say live trade for altcoins too so you might want to hold your horses because the bull run that you are expecting might become a different ending.
I am not really monitoring coins that went down that far and I am not targetting them too. I'd like sticking with the old coins and see if they can somehow create demand when Bitcoin goes up in the future. XRP as one my added choices today after their recent news about being injected into a popular game.

asriloni

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It's really hard to predict. I meant just because the coin has dropped 10x and it doesn't mean this coin will regain 10x during the bearish market. The thing may be different than it. Let's said that if bitcoin would be doubled or tripled after halving. I think that the possible target for solana to reach around 3 - 4 times from its bottom price. It's caused by there have been also many factors were affecting the hype from the coin. Solana was not as big as before caused by we have too many L1 blockchain exist in the market.

AnisahSiti

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This depends on the coin itself. Is it still running, has adoption continuing to grow, use in the real world, collaboration/cooperation, and other factors. Coupled with Bitcoin dominance, Altcoin moves when BTC dominance also moves. If BTC dominance rises and BTC prices rise, alt will tend to stabilize. If BTC Dominance falls, BTC prices stabilize then altcoins will rise rapidly. If BTC Dominance rises BTC price falls, altcoins will crash/fall sharply.

VFalcon

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Almost all coins are subject to the dominance of btc, when it falls, so does the whole market, although there are stable tokens with their own ecosystem, such as the TFS token, which perform quite well even in a bear market

dockrun

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it might rise a little, but it will be very difficult to reach ath. The question is, will bullishness definitely occur when Bitcoin halving?

cryptoaddictchie

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Quote from: TheToadStoole on October 16, 2023, 04:04:39 PM

As title says, for example Solana dropped 10x, will it easily 10x again during next bull cycle in late 2025?
Last time round I bet on BCH to 10x having dropped 10x.... IT DID SWEET FA.

What say you? Wink

I think almost of all famous L1 got dropped 10x or more on their current price. Well basically all projects have reallt trimmed down to its ATL or close. So the bear market really kick in on a lot of projects. Solana is one of those that cracks maybe also due to Sam allegiance witht the project. Anyway we just need to find new projects that could do another leg or new season ATH once bull run arrived.

tuoilozxiwntao

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This is my personal opinion. At that time, BCH was a trending project using the POW mechanism, but as of now, you can see that they are no longer receiving developer attention. Regarding SOL, personally, I don't invest in older projects, especially considering that SOL has had too many negative news like network congestion, while there are many other promising projects in development. I apologize for not going into comparisons here

bambiturnhau

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Surely, I think the maximum market cap for BCH in the upcoming bull run cannot exceed 20 billion dollars. POW-based coin projects won't be able to drive their prices significantly.

Husires

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Investing in altcoin means that you are not confident that it will return to the same old levels, which is more certain in Bitcoin, as the worst pessimists believe that Bitcoin will return to the level of 69 thousand dollars, and this matter is not guaranteed for most altcoins.

My list of altcoins that will return to their previous levels
ETH
Polygon
Ada
XRP
Monero
Steller
Uniswap
Some currencies that were able to come back again after a collapse occurred, if they were not able to do so, they will not do so in the future, and it is better not to invest in them.

Joseph-P

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Quote from: TheToadStoole on October 16, 2023, 04:04:39 PM

As title says, for example Solana dropped 10x, will it easily 10x again during next bull cycle in late 2025?
Last time round I bet on BCH to 10x having dropped 10x.... IT DID SWEET FA.

What say you? Wink

I dunno about those that went 10x below, but I certainly know $MATIC and $BNB have potentials for easy 10Xs. Birget too, and basically every other top CEX. Their token values have dropped a lot recently, and I expect quick retracements when he bulls come.

Xal0lex

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Quote from: TheToadStoole on October 16, 2023, 04:04:39 PM

As title says, for example Solana dropped 10x, will it easily 10x again during next bull cycle in late 2025?
Last time round I bet on BCH to 10x having dropped 10x.... IT DID SWEET FA.

What say you? Wink

It is much easier for altcoins to fall in price than to rise. If something has fallen in price 10 times, it does not mean that the price will soon return to its previous values. There are plenty of altcoins that once cheapened, never managed to repeat their former success. So I'm not sure that Solana will be worth as much in the future as it was worth in 2021. It could be the same story with XRP, where the price of the coin will never reach ATH for many years.

Topic: What altcoins have dropped at least 10x in this bear market and will easily 10x - page 4. (Read 822 times)